Buying your home outright

What is it?

Where you own the home that you live in. You can choose any home as long as you have the money to pay for it.

You can buy a home by getting a loan from a bank or building society or using your savings.


A family can make sure children have money when they get older by setting up a trust. Money or property can be put into the trust, the trust does not belong to the children.

Things to think about

A trust is one of a few ways to own a home or have money that does not:

  • Affect your benefits
  • Remove the duty of social services or the NHS to provide care or support.

You are also protected against charges that a local council may make against home owners.  You will need to find someone you trust who can be a trustee for the discretionary trust.


Want to find out more?

You can get in touch with Mencap Trust Company. They also run courses on discretionary trusts.

Related articles